Deal Alert: Multiples to invest in Rs.100-Cr in mobile ad firm Mogae Media: report
Multiples Private Equity is to purchase a significant stake for Rs.100 crore in Mogae Media, a Mumbai-based mobile advertiser owned by former Dentsu India chairman Sandeep Goyal and his wife…
PE investments down 14.7% to $8.9 B in 2012
Private Equity firms invested $8,853 million over 406 deals in India during the 12 months ending December 2012, compared to the $10,378 million across 483 deals during the previous year,…
Should Angels Bet on Follow-on Funding from VCs?
From the post by Alok Mittal – who incidentally wears both hats – at VentureWoods: The venture capital industry in India is relatively small. And besides sporadic instances of “spray…
Deal Alert: Kalaari Capital invests in B2B group buying Power2sme
Yourstory.in Kalaari Capital (formerly IndoUS Venture Partners) has invested in Gurgaon-based Power2sme, a buying club for SMEs. The fund has joined hands with the company’s existing investor, Inventus Capital Partners,…
Deal Alert: Kellton Tech to acquire OPD firm Skan Dbydx Software
Press Release Hyderabad-based publicly listed software development company Kellton Tech Solutions Ltd. is to acquire New Delhi-based outsourced product development focused IT Services firm Skan Dbydx Software Pvt. Ltd. The…
Deal Alert: BITS Pilani-Hyderabad to set up technology incubator
Business Line Birla Institute of Technology and Science-Pilani, Hyderabad, is setting up a technology incubator in its campus to encourage entrepreneurship. The Institution will provide 10,000 sq ft of built-up…
Deal Alert: Glocal Healthcare scouting for equity funding
Business Line Kolkata-headquartered and private equity-backed rural hospital company Glocal Healthcare Pvt Ltd, is planning to raise equity for its Rs 400-crore project for 50 new units across six States.…
Deal Alert: Norwest exits Persistent Systems; sells remaining shares worth Rs.36-Cr for 4.20x return
Press Release Norwest Venture Partners has sold its remaining 719,581 shares of publicly listed IT services firm, Persistent Systems Ltd. on BSE worth Rs.36 Crores at Rs.500.72 per share on…
Deal Alert: Sportsnest acquires PlaygroundOnline; secures funding from Blume Ventures
nextbigwhat.com Online sports product retailer, PlaygroundOnline and B2B company, Sportsnest have merged and the combined entity has raised funding from Blume Ventures. Post merger, PlaygroundOnline will be the consumer face…
Deal Alert: Dentsu in talks to buy out digital agency Webchutney
Economic Times Japanese advertising agency Dentsu is in advanced talks to buy out digital advertising agency and consulting firm Webchutney. Network18, which holds 70.06% stake in the Sidharth Rao-promoted Webchutney…